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PROPOSED 2019 SROP BOND ISSUE <br />City of Ramsey, Minnesota <br />$1,440,000 General Obligation Bonds, Series 2019 <br />Issue Summary <br />Debt Service Schedule <br />Date Principal Coupon Interest Total P+I CIF Net New D/S 105% of Total <br />12/01/2019 14,024.80 14,024.80 (14,024.80) <br />12/01/2020 150,000.00 0.850% 24,042.50 174,042.50 (12,021.25) 162,021.25 170,122.31 <br />12/01/2021 135,000.00 1.050% 22,767.50 157,767.50 157,767.50 165,655.88 <br />12/01/2022 140,000.00 1.250% 21,350.00 161,350.00 161,350.00 169,417.50 <br />12/01/2023 140,000.00 1.400% 19,600.00 159,600.00 159,600.00 167,580.00 <br />12/01/2024 140,000.00 1.650% 17,640.00 157,640.00 157,640.00 165,522.00 <br />12/01/2025 140,000.00 1.750% 15,330.00 155,330.00 155,330.00 163,096.50 <br />12/01/2026 145,000.00 1.900% 12,880.00 157,880.00 157,880.00 165,774.00 <br />12/01/2027 150,000.00 2.050% 10,125.00 160,125.00 160,125.00 168,131.25 <br />12/01/2028 150,000.00 2.300% 7,050.00 157,050.00 157,050.00 164,902.50 <br />12/01/2029 150,000.00 2.400% 3,600.00 153,600.00 - 153,600.00 161,280.00 <br />Total $1,440,000.00 $168,409.80 $1,608,409.80 (26,046.05) $1,582,363.75 $1,661,481.94 <br />Ehlers & Associates, Inc. Page 14 <br />